Property prices for rent in Salem (Oregon)

The rent prices in real estate in Salem, in the Oregon region have slightly risen in the last couple of months. There has been a rise in the rent prices in this city.

$1,244.83
Average price last 6 months
$1.19
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Salem has risen during the last 6 months. In August, the average price per sq.feet was $1.1. In the following month the price per sq.feet rose to $1.23. In the following two months the price per sq.feet has practically remained the same, going from $1.16 to $1.21 per sq.feet. The price per sq.feet has hardly changed in the last two months compared to the average price of the previous four months going from an average price of $1.18 to $1.21 during December y January

Average price

When referring to the price in Salem (cities), there have hardly been any changes in the last 6 months. The rent price in August is $1,199, rising in September till $1,276. In the following two months the average price has hardly changed with regard to the previous two months from $1,237.5 to $1,296.5. During the last two months, the average price has fallen with regard to the previous ones. To be precise it has fallen 95 %, going from $1,267 to $1,200.5 in December and January.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $1,197 they are 23 % more affordable than the average price for Salem . The properties with the highest average price have 4 bedrooms, Their price is 70 % more expensive than the average. After that we have properties with 3 bedrooms priced at $1,602.

With regard to the average price per sq.feet, those properties with 4 bedrooms are the most affordable ones at a cost of $0.96 / sq.feet, with an average $1.22 / sq.feet price in Salem. The properties with the most expensive average prices have 1 bedroom. They are 20 % more expensive than the average followed by properties with 2 bedrooms with a price at $1.16 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $1,197 it is 12 % more affordable than the average price in Salem. "" is seen as the second most affordable property type. The most expensive property type is "" followed by "House". At a price of $1,052 it is 99 % more expensive than the average price.

According to the average area price by sq.feet the most expensive property type is "House with an average cost of $1.26 / sq.feet. "House" at an average price of $1.26 / sq.feet has the highest price and would be directed at more affluent cities.

Charts data
Average price January
Average price per sq.feet January
Number of properties used in Salem
Number of properties used in region Oregon
$1,197
$1.22
3,238
67,582
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value